Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. CoinDCX to allocate around $13 million in Web3 with CoinDCX Ventures
News

CoinDCX to allocate around $13 million in Web3 with CoinDCX Ventures

Updated: Jul 25, 2024
Published: May 10, 2022
0
Share:

CoinDCX, the first crypto unicorn firm in India, has confirmed the launch of CoinDCX Ventures with the aim of targeting early-stage Web 3.0 and crypto startups. The crypto exchange has been on a roll recently and aims to continue its expansion in India. On the other hand, the authorities in India continue to tighten their grips on cryptocurrencies with the introduction of 28% GST or Goods and Services Tax.

Post Feature Image

CoinDCX Ventures to deploy INR 100 crores (~$13 million)

As per a new report from local media outlets, CoinDCX Ventures will support smaller startups in the crypto and blockchain community, helping them grow and provide their service to a larger consumer base. For this, the firm has announced a fund of nearly $13 million or INR 100 crores. 

CoinDCX Ventures has confirmed that around 10-15% of the funds have already been invested in several small-scale crypto and Web 3.0 startups in the nation. The remaining portion of the funds will be deployed in a period of 12 months, bringing the count to around 40-50 startups. The firm has invested in a wallet solution, cross-chain bridge protocol, Web3 notification protocol, Web3 social engine, as well as distributed storage and computing protocol.

"This is an immense leap forward for CoinDCX as we continue to chart the way forward and shape the Web3 industry at large, placing India on the map as a global hub for crypto and blockchain innovation," said Sumit Gupta, the co-founder, and CEO of the exchange. 

Not giving up yet

As noted above, Indian authorities are planning to impose 28% GST on crypto investments and bring them under the same umbrella as betting and gambling. The authorities have also imposed a 30% tax on crypto gains. Following such harsh laws, CoinDCX COO Mridul Gupta confirmed that the platform had seen a 40% trading volume. However, the firm plans to continue to expand in India and provide crypto education as well. 

Continue reading by joining Cryptonary Pro

Save 23%

$1,548 $1,197/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
BTC, ETH and More: Bitcoin and Ethereum Tap Key Supports
PRO
Market Direction
BTC, ETH and More: Bitcoin and Ethe...A lot has happened in a short amount of time. Downside liquidity has been swept across majors, and w...
13 min read
Jan 30, 2026
Market Update: Kevin Warsh Confirmed as Fed Chair Nominee
PRO
Market Updates
Market Update: Kevin Warsh Confirme...The market just got a new “boss.” And traders didn’t like it. Warsh is in and Bitcoin broke down fas...
7 min read
Jan 30, 2026
Market Pulse: Fed Holds Rates Amid Dovish Dissents
Market Pulse
Market Pulse: Fed Holds Rates Amid ...The Fed kept rates unchanged as expected, but two dovish dissents hint at internal division. With no...
3 min read
Jan 29, 2026
Yield Watch: Markets Were Brutal, Our Ranges Kept Earning
Yield farming
Yield Watch: Markets Were Brutal, O...Markets have been brutal. But CLP users have been in a different position: earning fees from volatil...
5 min read
Feb 4, 2026
BTC, ETH and More: Markets Flush to Major Lows
PRO
Market Direction
BTC, ETH and More: Markets Flush to...Markets just snapped lower after BTC lost $80.5K and flushed into the $74K liquidity zone. Now we’re...
13 min read
Feb 3, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupThis week looks calm on the surface. But underneath, the market is being pulled in two directions, a...
7 min read
Feb 2, 2026
BTC, ETH and More: Bitcoin and Ethereum Tap Key Supports
PRO
Market Direction
BTC, ETH and More: Bitcoin and Ethe...A lot has happened in a short amount of time. Downside liquidity has been swept across majors, and w...
13 min read
Jan 30, 2026
Market Update: Kevin Warsh Confirmed as Fed Chair Nominee
PRO
Market Updates
Market Update: Kevin Warsh Confirme...The market just got a new “boss.” And traders didn’t like it. Warsh is in and Bitcoin broke down fas...
7 min read
Jan 30, 2026
Market Pulse: Fed Holds Rates Amid Dovish Dissents
Market Pulse
Market Pulse: Fed Holds Rates Amid ...The Fed kept rates unchanged as expected, but two dovish dissents hint at internal division. With no...
3 min read
Jan 29, 2026
Yield Watch: Markets Were Brutal, Our Ranges Kept Earning
Yield farming
Yield Watch: Markets Were Brutal, O...Markets have been brutal. But CLP users have been in a different position: earning fees from volatil...
5 min read
Feb 4, 2026
BTC, ETH and More: Markets Flush to Major Lows
PRO
Market Direction
BTC, ETH and More: Markets Flush to...Markets just snapped lower after BTC lost $80.5K and flushed into the $74K liquidity zone. Now we’re...
13 min read
Feb 3, 2026
Market Update: This Week's Setup
PRO
Market Updates
Market Update: This Week's SetupThis week looks calm on the surface. But underneath, the market is being pulled in two directions, a...
7 min read
Feb 2, 2026
BTC, ETH and More: Bitcoin and Ethereum Tap Key Supports
PRO
Market Direction
BTC, ETH and More: Bitcoin and Ethe...A lot has happened in a short amount of time. Downside liquidity has been swept across majors, and w...
13 min read
Jan 30, 2026
Market Update: Kevin Warsh Confirmed as Fed Chair Nominee
PRO
Market Updates
Market Update: Kevin Warsh Confirme...The market just got a new “boss.” And traders didn’t like it. Warsh is in and Bitcoin broke down fas...
7 min read
Jan 30, 2026
Market Pulse: Fed Holds Rates Amid Dovish Dissents
Market Pulse
Market Pulse: Fed Holds Rates Amid ...The Fed kept rates unchanged as expected, but two dovish dissents hint at internal division. With no...
3 min read
Jan 29, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop Reports
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.